Dana Gas and Crescent Petroleum, together with their partners in the Petroleum Consortium, have signed long-term gas sales agreements with multiple companies in the Kurdistan Region. As a result, the deals will supply 142 million standard cubic feet of natural gas per day to local industries.
According to their official statement, the Dana Gas and Crescent Petroleum agreements will run for 10 years, and gas supply will start with the launch of production at the Chemchemal gas field in the second half of 2027. Moreover, the companies will build a new pipeline to connect the field, with private-sector firms executing the project.
The agreements also cover major cement and steel producers in the region. These include Mass Cement, Bazian Cement, Delta Cement, Gasin Cement, and Sulaymaniyah Cement, all in the Bazian industrial zone in Sulaymaniyah province. Additionally, the contracts include Van Steel in Erbil. These companies will use the gas to power industrial production, thereby boosting efficiency and energy security in the Kurdistan Region.
Meanwhile, the Petroleum Consortium partners are preparing the Chemchemal field for higher gas output. They plan to invest $160 million to drill three additional wells. This investment will increase production capacity and meet the growing demand from cement and steel manufacturers.
Founded in 2005, Dana Gas is the first and largest private-sector natural gas company in the Middle East. The company operates across gas exploration, production, and transportation in the UAE, Egypt, and the Kurdistan Region. Furthermore, Dana Gas has played a key role in developing the private energy sector and expanding gas supply infrastructure.
These agreements represent a major step in securing reliable energy for Kurdistan’s industrial companies. With production set to begin in 2027, the deals will provide a steady gas supply for local cement and steel manufacturers. Overall, gas sales agreements like these are expected to strengthen the region’s economy and support industrial growth.
